Inflation up by 2.8% in first quarter
Still manageable? I think soooooo....
Thestar: Thursday April 21, 2011
KUALA LUMPUR: Inflation, as measured by Consumer Price Index (CPI), for the first quarter of this year increased by 2.8%, according to the Statistics Department.
For March, inflation rose to 3% compared with a year ago while it rose a marginal 0.1% over February.The 2.8% increase was brought about by increases in the indices of all main groups except those of clothing and footwear and communication.
Notable increases among these main groups with high weights were transport (4.4%); food and non-alcoholic beverages (4.3%) and housing, water, electricity, gas and other fuels (1.5%).
Other increases were alcoholic beverages and tobacco (6.4%); restaurants and hotels (5.1%); health (2.5%); education (1.9%); miscellaneous goods and services (1.4%) and furnishings, household equipment and routine household maintenance (1.1%).
The three main groups – food and non-alcoholic beverages; housing, water, electricity, gas and other fuels and transport – together accounted for 83.4% of the overall increase recorded for the current period.
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